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Here is selected financial statement data regarding a company's property, plant, and equipment. Balance Sheet: Dec....

Here is selected financial statement data regarding a company's property, plant, and equipment.

Balance Sheet: Dec. 31, 2018 Dec. 31, 2017
Property, plant, and equipment $ 193,000 $ 188,000
Accumulated depreciation 75,000 37,000
Income Statement: 2018
Depreciation expense $ 58,000
Gain on sale of property, plant, and equipment 4,000

During the year, PPE with a book value of $48,000 were sold.

In the statement of cash flows, the investing activities section should show a cash disbursement for "purchases of property, plant, and equipment" for $ _________

[Hint: Populate t accounts with all given numbers, then calculate book value of PPE sold. Do JE to record PPE sale if it helps. Back into all other unknowns.]

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